Palawan Group of Companies, the Philippines’ foremost provider of money remittance and pawning services, is delighted to announce its strategic alliance with the Philippine Veterans Bank (PVB). As a revered institution dedicated to serving veterans, their families, and the Armed Forces of the Philippines community, PVB brings a legacy of financial excellence to this partnership.
This collaboration ensures that PVB depositors, loyal patrons of Palawan Group of Companies, and other BancNet ATM cardholders will have enhanced access to cash withdrawal services. Initially available at over 300 company-owned Palawan Pawnshop – Palawan Express Pera Padala branches, this expanded access facilitates swift fund transactions for a myriad of financial needs. PVB depositors can conveniently leverage this extensive network, strategically located near residential areas, with the added flexibility of visiting Palawan branches during holidays and weekends for increased accessibility. Additionally, ATM cardholders can now perform cash withdrawals using Point-of-Sale (POS) terminals at Palawan Pawnshop – Palawan Express Pera Padala branches, commonly used for payroll, regular cash withdrawals, pension, and 4Ps payouts. Both companies plan to further increase the number of branches equipped with POS terminals in the future.
The Palawan Group of Companies and PVB share a deep commitment to values such as service, honor, and family. The Palawan Group of Companies has consistently dedicated itself to serving and connecting families and friends through various financial transactions, assisting with daily needs, funding education, supporting medical requirements and hospitalizations, as well as aiding in building dream houses and fostering business ventures. PVB, with its unwavering commitment to serving veterans, their families, and the entire Armed Forces of the Philippines community, has cultivated a legacy of financial excellence.
The official contract signing ceremony took place at the head office of the Philippine Veterans Bank, attended by key executives from both organizations. Representing the Palawan Group of Companies were Cash Management Solutions Director Lisa Lou Castro-Sabado, Key Accounts Manager Rona Juan, and B2B Department Head Missy Baldemor. Attendees from Philippine Veterans Bank included President and Acting CEO Renato Claravall, VP & Head of Branch Banking Group Sales Center Geraldine Romano, FVP and Chief Digital Marketing Officer Charina Balanquit, and AVP and South Luzon Area Head, Julius Marquez.
Lisa Lou Castro-Sabado, Cash Management Solutions Director, expressed, “Our partnership with the Philippine Veterans Bank is rooted in shared values of service, honor, and family. Together, we’re committed to enhancing customer service, ensuring convenient access to funds, and ultimately, making a positive impact on the lives we touch. This collaboration embodies our dedication to supporting dreams, ambitions, and livelihoods.”
Renato Claravall, President and Acting CEO of Philippine Veterans Bank, commented on the partnership, saying, “This service, in partnership with Palawan Pawnshop, will allow Veterans Bank to expand its network and customer touchpoints through the use of technology-based innovations. It will also enable the Bank to serve our clients in areas where we do not have branches, especially our veterans and their families.”
Aligned with Palawan Express Pera Padala’s commitment to enhancing accessibility and convenience for its valued patrons, this partnership with the Philippine Veterans Bank introduces Cash Withdrawal services in specified branches. It represents a significant stride toward advancing financial inclusivity and enhancing the overall customer experience for Palawan sukis and depositors of PVB.
